Pequot Lakes, MN

Seller's market+107.2% YoY

Housing market overview · Updated weekly

$386,500median sale price

Homes sold

8

Last 12 weeks

Days on market

68

Average pace

Active listings

9

1.1 months supply

Sale-to-list

96.4%

Below asking

The Pequot Lakes housing market is currently classified as a seller's market with a median sale price of $386,500. Prices have risen 107.2% compared to last year, with homes spending an average of 68 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Pequot Lakes

There are currently 9 homes listed for sale in Pequot Lakes, Minnesota. The median listing price is $395K.

Active listings

9

Homes on market

Median list price

$395K

Avg. days on market

68

Days until sale

New this week

1

Newly listed

Price drops:11.1%of listings
Sale-to-list:96.4%

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Frequently asked questions

What is the average home price in Pequot Lakes?

The median home sale price in Pequot Lakes is $386,500, up 107.2% from last year.

How long do homes stay on market in Pequot Lakes?

Homes typically spend 68 days on market before going under contract.

Is Pequot Lakes a buyer's or seller's market?

With 1.1 months of supply, Pequot Lakes is currently a seller's market.

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